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June 12: Fubara reaffirms commitment to democracy, national unity

June 12: Fubara reaffirms commitment to democracy, national unity

By Daniel Abia PORT HARCOURT — Rivers State Governor, Siminalayi Fubara, has reaffirmed that democracy remains the most suitable system of government for Nigeria, given the country’s rich ethnic, religious and cultural diversity. In a goodwill message to Nigerians on the occasion of the 2026 Democracy Day celebration, Governor Fubara said June 12 represents far […]

CBN’s new FX manual may raise Dollar liquidity, enhance market confidence

CBN’s new FX manual may raise Dollar liquidity, enhance market confidence

By Emeka Anaeto, Business Editor The implementation of the fourth edition of the Foreign Exchange Manual by the Central Bank of Nigeria (CBN) recently launched in Abuja and will be taking off on June 1. The new manual is expected to deepen FX transparency, improve liquidity and strengthen market confidence and liquidity. The new policy […]

Senate dissociates itself from warrant of arrest issued against Mele Kyari

Senate dissociates itself from warrant of arrest issued against Mele Kyari

By Henry Umoru ABUJA — The Senate has distanced itself from the warrant of arrest reportedly issued against former Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari, by its Committee on Public Accounts. The upper legislative chamber declared that no Senate committee has the authority to independently […]

Buhari, not Tinubu, is highest borrower – Report

Buhari, not Tinubu, is highest borrower – Report

By Emma Ujah, Abuja Bureau ChiefAs the debate over frequent borrowings by the current administration rages, Think Business Africa, a policy and communications group, has described Late President Muhammadu Buhari, not Bola Tinubu as the largest borrower, since the current democratic era from 1999 to date. The Tinubu administration has been criticised for its continuous […]